If you’ve ever wondered if it’s possible to make more money without going back to school or searching for a new job, it’s time to take charge and make your dream a reality.
The first step is to ask yourself why you want more money – and what you’d do with it. If you don’t have a plan and you’re simply attracted to the idea of “more,” it will be harder to keep yourself motivated. Instead, come up with concrete goals for how making more will help, whether it’s contrib uting to an emergency fund or saving up to buy a home.
Get ready to boost your earnings, as there is a world of opportunity waiting for you.
Making Money Basics
Simple Ways To Make Extra Money
Making money doesn’t need to be a massive commitment. These simple ways to make more money can be done in an afternoon or less:
- Be an extra: Love movies and TV? Why not sign up with a local casting agency. You’ll get paid a nice amount to stand around for a day amongst your favorite stars!
- Sell some photos: Visit stock photo sites to see what their buying policy is, and you may find that an afternoon with your camera earns you some extra cash.
- Babysit: As expenses keep going up for modern families, it can be hard to find childcare. Advertise babysitting services in your area, and you may find that you’re getting paid to hang out watching TV with a little one.
- Pet-sit: If babysitting doesn’t sound up your alley, what about pets? From dog walking to cat sitting, people are willing to pay you to care for their pets during your free time.
Sell Your Extras
Chances are you have an opportunity to make extra money just by cleaning out the things you don’t need at home. Clean out your closet, take a few high-quality pictures of your items, and upload them to a sales sites like Poshmark to make a quick buck.
A benefit of cleaning up the house? You never know what you may find. Extra cash stuffed in a jacket pocket or a piece of jewelry from your aunt that you forgot about will be the right kind of financial surprise.
Get A Side Gig
Put your skills to work during your extra time with a side job. If you have a way with words or graphic design, see if you can earn some extra money freelancing. If you like to talk to people and you know your city or town well, consider driving with Uber or Lyft. When you freelance or work as an independent contractor, you’ll need to keep track of relevant business-related paperwork, but you’ll also have the freedom to work on your schedule.
Take Online Surveys
If you’re not ready to commit to freelancing or a part-time job, use your free time to make money online by filling out surveys. There is no commitment, and you can sign up for surveys whenever is convenient for you. You won’t make big bucks taking surveys, but you can supplement your regular income while learning about new products and giving your opinion.
Earn Passive Income
But what if you’d like to make more money, but you don’t have any extra time? That’s where finding ways to earn passive income can boost your earnings. To earn passive income, you will need to make an initial investment, but there are options to do so that won’t break the bank.
Run a blog if you’re an expert or important voice in your field. It will take time to gather a following, and you’ll need to attract an audience through social media and other marketing outreach, but once your blog is steadily seeing visitors, you can monetize it through advertising and affiliate programs.
If you own real estate, see where you can start generating income. Renting out a property is a regular way to earn, although you will be responsible for maintenance and upkeep. With Airbnb and VRBO, you can rent your place less regularly. Try renting a spare bedroom even when you’re home to keep the money coming.
When you hold dividend stocks, you’ll be paid out a percentage of that stock’s worth on a set basis. This means that as your money grows in your account, you also receive extra payments. These investments come with risk, but they also come with a high-upside potential, as any losses will be offset by dividend earnings.